WEMIX, a blockchain platform, experienced a security breach where an attacker took control of its WEMIX$ stablecoin, converting it into 30,736 WEMIX tokens and $724,198.27 in USDC. The stolen assets were transferred through Ethereum and Binance Smart Chain bridges, then swapped into various cryptocurrencies like ETH and USDT, with some funds deposited into centralized exchanges. WEMIX is actively tracking the attacker’s wallets and has requested asset freezes from exchanges. This incident adds to a series of recent crypto platform hacks, raising concerns about security and institutional adoption of decentralized finance (DeFi). Meanwhile, U.S. lawmakers have proposed a federal task force to combat crypto theft and support victims.
On July 26, 2026, WEMIX suffered a security breach where an attacker gained control and issued about 5.23 million WEMIX tokens without authorization, resulting in a $6.25 million loss. The attacker converted stolen tokens into ETH and USDT, moved fun...
WEMIX experienced a major smart contract breach on July 26, where an attacker gained owner privileges and minted $6.25 million worth of tokens. The stolen assets were quickly moved across Ethereum, BNB Chain, and other platforms, making recovery diff...
On July 26, unauthorized access to WEMIX$ stablecoin's smart contract allowed attackers to mint 5.23 million tokens and steal about $724,000 worth of assets, which were moved across Ethereum and BNB Smart Chain. WEMIX immediately suspended all bridge...
On July 26, an attacker exploited owner privileges in WEMIX's stablecoin contract to mint about 5.23 million unauthorized WEMIX$ tokens, worth roughly $724,000 in converted assets. WEMIX responded by suspending bridges, liquidity pools, and related s...
Wemix suffered a smart contract exploit where attackers minted over 5.2 million unauthorized tokens and moved approximately $724,000 worth of assets across multiple blockchains. This led to the suspension of all bridges connected to its network, halt...
